The Co-operative Exchange

Financial Cooperatives and Local Development

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Edition: 1

ISBN: 1138215341

Package Dimensions: 10.2 x 7.5 x 1.2 inches

Number Of Pages: 256

Publisher: Routledge

Release Date: 2016-11-12


This book examines the opportunities opened up for financial cooperatives by the recent financial crisis, and explores the role of these institutions in promoting and sustaining local development. The global financial crisis has not only shown the limits of the mainstream theory of markets and rational expectations, but has also generated a great deal of disillusionment with the banking system and underlined the importance of a healthy society for the welfare of the individual. Consequently, new and innovative ways of providing finance are needed, especially for strengthening the development of local societies.

EAN: 9781138215344